Question

Which of the following is not a component of float management? 1) mail float 2) processing float ...

which of the following is not a component of float management?

1) mail float

2) processing float

3) receivable float

4) availability float

0 1
Add a comment Improve this question Transcribed image text
Answer #1
Answer is (3) Receivable float
The other 3 components of float management are:
1) Mail float:is the time between Firm's bill spends in the mail on its
way to customer and time the customer's cheque spend in the mail
on its way to firm
2) Processing float:When firm's office get the cheque and the cheque is deposited
                                   in the bank on next day,not the same day.
3) Availability float:It is the time from when the bank accept cheque for deposit
to when it makes funds available in the firms account.
Add a comment
Know the answer?
Add Answer to:
Which of the following is not a component of float management? 1) mail float 2) processing float ...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • 1. The Cool Clothing Company is developing a new computer order processing system to process mail...

    1. The Cool Clothing Company is developing a new computer order processing system to process mail order sales of its products. Customers send in their orders, by email, together with a credit card payment. Availability of the ordered goods is then checked in an inventory file; then the validity of the credit card payment is checked online to customer's bank. If these two checks are successful, a dispatch paid order is sent to the customer and warehouse. The warehouse is...

  • Which of the following is an operating event in REA business process modeling?     1.   Mail...

    Which of the following is an operating event in REA business process modeling?     1.   Mail bill to customer     2.   Calculate accounts payable balance     3.   Decide to design new product packaging     4.   Provide service

  • ITIL v3 Quiz - #26 -#30 Q's Question 26. Which of these best describes the purpose of Availability Management? Select One: A. To ensure that there is always sufficient capacity available to meet a...

    ITIL v3 Quiz - #26 -#30 Q's Question 26. Which of these best describes the purpose of Availability Management? Select One: A. To ensure that there is always sufficient capacity available to meet all customer demands B. Information is available and usable when required C. Minimize the impact of incidents that cannot be prevented D. To ensure that the level of availability delivered in all IT services meets the agreed availability needs and/or service level targets in a cost-effective and...

  • 1 :float Q_rsqrt( float number ) 2 :{ 3 : int32_t i; 4 : float x2,...

    1 :float Q_rsqrt( float number ) 2 :{ 3 : int32_t i; 4 : float x2, y; 5 : const float threehalfs = 1.5F; 6 : 7 : x2 = number * 0.5F; 8 : y = number; 9 : i = * ( int32_t * ) &y; // evil floating point bit level hacking 10: i = 0x5f3759df - ( i >> 1 ); // what the hugs? 11: y = * ( float * ) &i; 12: y...

  • which of the following would most likeky be a customer relationship management system component? a)a system...

    which of the following would most likeky be a customer relationship management system component? a)a system that manages human resources b) a system that links the companys supplies electronically to its databases c) a system allowing customers to do onmine banking d) a system that prepares a master production schedule which of the touring would most icely be a Customer Relationship Management System componen As that manages human resources O Aththe company's suppliers electronically to its databases Asystem allowing ustomers...

  • General ledger, payroll, patient accounting, claims processing, claims denial management, contracts management, and fixed asset management...

    General ledger, payroll, patient accounting, claims processing, claims denial management, contracts management, and fixed asset management are basic applications for which system(s)? a. Financial information systems b. Medical record coding and reporting c. Materials management system d. Health information management system Application-level and enterprise-level business intelligence can be differentiated by: a. use of an independent software solution or a component software solution of an EHR. b. level of statistical analysis solutions. c. integration of all or some clinical with financial...

  • Consider the following code: 1. float foo (int a, int b, int c, int d, float...

    Consider the following code: 1. float foo (int a, int b, int c, int d, float e) { 2. float e; 3. if (a == 0) { 4. return 0; 5. } 6. int x = 0; 7. if ((a==b) || ((c == d) && bug(a) )) { 8. x=1; 9. } 10. e = 1/x; 11. return e; 12. } Function bug(a) should return a value of true when passed a value of a=1. Build: • a test suite...

  • 1) which of the following is a by product of computer use a) Processing speed b)...

    1) which of the following is a by product of computer use a) Processing speed b) Storage c) productivity d) hardware 2) The term that refers to all input , output and secondary storage devices is a) peripheral b) Central c) Attached d) Network 3) which pf the following is an optical storage device a) hard disk b) Magnetic tape c) computer memory d) CD-ROM 4) the technology that underlies primary memory is most similar to the technology that underlines...

  • which of the following would most likeky be a customer relationship management system component? a)a system...

    which of the following would most likeky be a customer relationship management system component? a)a system that manages human resources b) a system that links the companys supplies electronically to its databases c) a system allowing customers to do onmine banking d) a system that prepares a master production schedule

  • Which of the following is not true regarding cash management? a. An important objective of cash...

    Which of the following is not true regarding cash management? a. An important objective of cash management is to lengthen the collection float. b. Many companies use lockboxes to speed up the delivery of the check at their bank. Electronic funds transfer (EFT) substantially reduces the collection float for businesses. d. All of the above are true.

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT